Allocator Quarterly - Q4 2015

"This is a call to those CIOs who wish to discuss our view in more detail, but who would also like to discuss concrete steps that could be taken."

We have always suggested that investors need to take a medium-term, if not long-term, view on their asset allocation. If they don’t, they may run the risk of becoming traders, always arguing with the markets over the next up and down swings. Nothing could suit this view more than the Insurance Linked Securities asset class. A quasi fixed income type product with the added bonus of non-correlation to other major asset classes. At least in theory.

For the full pdf publication, click here.

Insurance Linked Securities

"...if it is good enough for KKR, it is good enough for us to investigate."

Last quarter the team spent significant time reviewing the insurance industry, in particular the Cat Bond and Insurance Linked Securities (ILS) market, and how and why there has been a recent investment uptake by hedge funds. And if it is good enough for KKR, it is good enough for us to investigate. We conclude that the ILS Fund universe appears ripe for consolidation while the market is likely to double by 2020 as some industry specialists suggest. Please contact us for a the full article (